TARP: Difference between revisions
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imported>Doug Williamson (Create page. Sources: linked pages, Investopedia webpage https://www.investopedia.com/terms/t/troubled-asset-relief-program-tarp.asp & US Treasury webpage https://www.treasury.gov/initiatives/financial-stability/TARP-Programs/Pages/default.aspx#) |
imported>Doug Williamson (Expand first sentence.) |
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''Global Financial Crisis (GFC) - US Treasury.'' | ''Global Financial Crisis (GFC) - US Treasury.'' | ||
TARP is an abbreviation for Troubled Assets Relief Program, which | TARP is an abbreviation for Troubled Assets Relief Program, under which funds were invested by the US Treasury. | ||
It was established to help stabilise the US financial system, restart economic growth, and prevent avoidable bankruptcies in the aftermath of the GFC. | It was established to help stabilise the US financial system, restart economic growth, and prevent avoidable bankruptcies in the aftermath of the GFC. | ||
Revision as of 10:28, 27 August 2019
Global Financial Crisis (GFC) - US Treasury.
TARP is an abbreviation for Troubled Assets Relief Program, under which funds were invested by the US Treasury.
It was established to help stabilise the US financial system, restart economic growth, and prevent avoidable bankruptcies in the aftermath of the GFC.
TARP invested over $400bn in the period 2008-2010.
